Tax News - Emigrate UK

This is the category page for all Tax news here on emigrate.co.uk, where you can view all the Tax emigration news.

UK expat retirees advised to transfer personal pensions before Brexit

UK expat retirees advised to transfer personal pensions before Brexit
British expats overseas who’ve left their personal pension back in the UK are being advised to transfer it before Brexit kicks in. The advice is aimed not just at UK expats already living abroad, but also to those planning to emigrate in the near future. It’s being spurred by increasing concern over the viability of company pensions...

Spanish tax residency ruling affects Brit expats in Costa del Sol

Spanish tax residency ruling affects Brit expats in Costa del Sol
The Spanish Supreme Court has amended the law applying to residence for tax purposes. For expats living and working in Spain, criteria for residency for tax purposes are decided by individual jurisdictions, with ‘residence’ also being interpreted differently for non-tax purposes. However, the main test applied to individuals concerns...

Buy to let as an overseas retirement strategy

Posted on February 2, 2018 in Finance Tax UK
STORY LINK Buy to let as an overseas retirement strategy
Buy to let as an overseas retirement strategy
If investing in buy-to-let is part of your overseas retirement strategy, checking out the new rules may save you money. Buy-to-let mortgage rules are now tightening up for seasoned investors as well as new expat buy-to-let landlords. They apply to refinancing as well as initial purchasing and, especially for experienced expat landlords,...

Singing superstar Spanish tax case is warning for UK expats

Singing superstar Spanish tax case is warning for UK expats
The result of the ongoing tax case against singing superstar Shakira could be all too relevant for British expats who’re living in Spain and working overseas. The Spanish tax authority is claiming the world-famous singing star has spent enough time actually living in Spain to be legally liable for tax on her massive worldwide earnings....

British expat starts online petition against QROPS offshore pension transfer tax

British expat starts online petition against QROPS offshore pension transfer tax
British expats planning to relocate their pension offshore are mounting a petition against the recently-introduced massive tax on their savings. Beginning in March last year, expats and recent retirees planning to emigrate outside the EU and a few other countries have been forced to give up 25 per cent of the full value of their savings...

USA based ETFs and investment trusts delisted by Hargreaves Lansdown

USA based ETFs and investment trusts delisted by Hargreaves Lansdown
US expats living and working in the UK could be hit by the removal of exchange traded funds and investment trusts from a popular investment platform. Hargreaves Lansdown’s fund supermarket gives a convenient, inexpensive way for US expat working overseas to save for their eventual retirements through investing in exchange traded funds...

Irish taxman hits out at wealthy retirees in Portugal

Irish taxman hits out at wealthy retirees in Portugal
Wealthy Irish pensioners living overseas as non-resident taxpayers are likely to be hard hit by the Irish taxman’s new rule changes. In the week before Christmas, the revenue office in Ireland announced new tax rules to apply to wealthy Irish national expat pensioners. The move is effective starting December 22, and is aimed at...

Is relocating to Europe during Brexit negotiations a good idea?

Is relocating to Europe during Brexit negotiations a good idea?
The Brexit leave vote came at a bad time for many would-be expats planning an escape from the UK, but is it safe to go ahead as things stand at the moment? Whether to go or stay is a crucial question without an easy answer, as there’s no indication of certainty in anything which has been agreed to date between the two sides. Expat...

Getting real about withdrawing cash from pension savings

Getting real about withdrawing cash from pension savings
Pension scammers won’t be eradicated until all retirement savers get real about their financial options. A recent survey found the most popular reason for pulling cash out of pension savings is investment to generate an income in retirement. Holidays and travel came next, followed by stashing emergency cash in a bank account. Helping...

Landmark High Court ruling lets expats off HMRC taxman hook

Landmark High Court ruling lets expats off HMRC taxman hook
A landmark ruling in the British courts has taken away HMRC’s power to chase expats overseas for information used in a tax enquiry. n the past, expats who live permanently overseas have been called on by Her Majesty’s Customs and Excise office to release information or documentation related to possible tax evasion or avoidance....